Civic Intelligence

Cincinnati Cyclones Foundation

990 • Fiscal year 2022 • EIN 81-4716430

Jul 01, 2021 to Jun 30, 2022 • Filed on Apr 24, 2023

100 BroadwayCincinnati, OH 45202

(513) 421-3222

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

46th percentile

0.01x

Higher debt load relative to assets than 46% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Liabilities / Revenue

44th percentile

0.01x

Higher debt load relative to revenue than 44% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Net Margin

80th percentile

31%

Higher net margin than 80% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Top Officer Pay

53rd percentile

$0

Higher top officer pay than 53% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Asset Growth

84th percentile

43%

Faster asset growth than 84% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Revenue Growth

88th percentile

98%

Faster revenue growth than 88% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Assets

Up

$623,646

Up $186,135 (+43%) from 2021

Net Assets

Up

$616,535

Up $202,471 (+49%) from 2021

Liabilities

Down

$7,111

Down $16,336 (-70%) from 2021

Revenue

Up

$644,724

Up $319,534 (+98%) from 2021

Expenses

Up

$442,191

Up $251,948 (+132%) from 2021

Net Income

Up

$202,533

Up $67,586 (+50%) from 2021

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.0M$500K$0Assets 2018: $184,925Liabilities 2018: $0Net Assets 2018: $184,9252018Assets 2019: $245,822Liabilities 2019: $24,831Net Assets 2019: $220,9912019Assets 2020: $279,414Liabilities 2020: $297Net Assets 2020: $279,1172020Assets 2021: $437,511Liabilities 2021: $23,447Net Assets 2021: $414,0642021Assets 2022: $623,646Liabilities 2022: $7,111Net Assets 2022: $616,5352022Assets 2023: $913,814Liabilities 2023: $84,577Net Assets 2023: $829,2372023Assets 2024: $460,191Liabilities 2024: $17,436Net Assets 2024: $442,7552024

Highlighted filing

2022

Assets$623,646
Liabilities$7,111
Net Assets$616,535

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.5M$1.0M$500K$0-$500KRevenue 2018: $136,136Expenses 2018: $13,646Net Income 2018: $122,4902018Revenue 2019: $123,074Expenses 2019: $87,008Net Income 2019: $36,0662019Revenue 2020: $119,583Expenses 2020: $61,457Net Income 2020: $58,1262020Revenue 2021: $325,190Expenses 2021: $190,243Net Income 2021: $134,9472021Revenue 2022: $644,724Expenses 2022: $442,191Net Income 2022: $202,5332022Revenue 2023: $685,951Expenses 2023: $473,249Net Income 2023: $212,7022023Revenue 2024: $623,707Expenses 2024: $1,010,189Net Income 2024: -$386,4822024

Highlighted filing

2022

Revenue$644,724
Expenses$442,191
Net Income$202,533
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Apr 24, 2023
Return Version
2021v4.2
Gross Receipts
$827,398
Mission and Program Overview

Mission

To promote physical health, teamwork, education and life skills for children and youth primarily in the greater cincinnati community.

To promote physical health, teamwork, education and life skills for children and youth primarily in the greater cincinnati community

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$437,511$623,386▲ $185,875
Total Assets$437,511$623,646▲ $186,135
Other Assets Total$0$260▲ $260
Liabilities
Accounts Payable and Accrued Expenses$23,447$5,031▼ $18,416
Other Liabilities$0$2,080▲ $2,080
Total Liabilities$23,447$7,111▼ $16,336
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$414,064$616,535▲ $202,471
Total Net Assets Fund Balance$414,064$616,535▲ $202,471
Total Liabilities and Net Assets / Fund Balance$437,511$623,646▲ $186,135
Compensation and Service Providers

Board Members and Trustees

NameTitle
Ray HarrisPresident & Director
Sean LynnSecretary & Director
Kristin RoppTreasurer & Director
Revenue and Support

Revenue Composition

Contributions and Grants
$312,348
Program Service Revenue
$99,230
Investment Income
$0
Other Revenue
$233,146
All Other Contributions
$312,348
Change in Net Assets
$202,533
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$416,465
Salaries, Compensation, and Employee Benefits$14,600
Grants and Similar Amounts Paid$11,126
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$14,600--$14,600
Grants to Domestic Orgs$11,126--$11,126
Other Expenses$6,715$1,679-$8,394
Office Expenses$2,178$544-$2,722
Insurance$1,873$468-$2,341
Fees for Services Legal$1,600$400-$2,000
Fees for Services Accounting$240$60-$300
Total Functional Expenses$439,040$3,151$0$442,191
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$351,828
Fundraising Direct Expenses$136,386
Gaming Gross Income$63,992
Gaming Direct Expenses$46,288
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Jersey Auction Income$199,422$199,422-$199,422
5k/10k Race$114,639$114,639$126,493$-11,854
Total Events$351,828$351,828$136,386$215,442
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Intercompany- Cyclones$2,080
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

Cincinnati cyclones, llc is the sole member of the organization.

Form 990, Part VI, Section A, Line 8A

There were no meetings in the current fiscal year.

Form 990, Part VI, Section A, Line 8B

There were no meetings in the current fiscal year.

Form 990, Part VI, Section B, Line 11B

The director of accounting reviews the 990 with the certified public accountant.

Form 990, Part VI, Section C, Line 19

The organization does not make these documents available to the public.

Filing and Contact Details

Filer

Filer Name
Cincinnati Cyclones Foundation
EIN
81-4716430
Phone
5134213222
Address
100 BROADWAY, CINCINNATI, OH 45202

Signing Officer

Name
Kristin Ropp
Title
Treasurer
Phone
5134213222
Signed
2023-04-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kristin Ropp
Formed
2017
Legal Domicile
Oh
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
3

Preparer

Firm
Clark Schaefer Hackett & Co
Address
1 EAST 4TH STREET, CINCINNATI, OH 45202
Preparer
Natosha Carr
Phone
5132413111
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IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt0136386
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt0126493
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt01
IRS990ScheduleG/GamingInformationGrp/DirectExpenseSummaryGamingAmt046288
IRS990ScheduleG/GamingInformationGrp/GrossRevenueOtherGamingAmt063992
IRS990ScheduleG/GamingInformationGrp/GrossRevenueTotalGamingAmt063992
IRS990ScheduleG/GamingInformationGrp/NetGamingIncomeSummaryAmt017704
IRS990ScheduleG/GamingInformationGrp/OthDirectExpnssOtherGamingAmt046288
IRS990ScheduleG/GamingInformationGrp/OthDirectExpnssTotalGamingAmt046288
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborOtherGamingInd01
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborOtherGamingPct01.00000
IRS990ScheduleG/GamingManagerIsDirectorOfcrInd0X
IRS990ScheduleG/GamingManagerPersonNm0KRISTIN ROPP
IRS990ScheduleG/GamingOtherFacilityPct01.00000
IRS990ScheduleG/GamingWithNonmembersInd01
IRS990ScheduleG/LicensedInd00
IRS990ScheduleG/LicenseSuspendedEtcInd00
IRS990ScheduleG/MemberOfOtherEntityInd00
IRS990ScheduleG/PersonsWithBooksName/BusinessNameLine1Txt0EMILY BRANDENBURG
IRS990ScheduleG/PersonsWithBooksUSAddress/AddressLine1Txt0100 BROADWAY
IRS990ScheduleG/PersonsWithBooksUSAddress/CityNm0CINCINNATI
IRS990ScheduleG/PersonsWithBooksUSAddress/StateAbbreviationCd0OH
IRS990ScheduleG/PersonsWithBooksUSAddress/ZIPCd045202
IRS990ScheduleG/StatesWhereGamingConductedCd0OH
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CINCINNATI CYCLONES, LLC IS THE SOLE MEMBER OF THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THERE WERE NO MEETINGS IN THE CURRENT FISCAL YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THERE WERE NO MEETINGS IN THE CURRENT FISCAL YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE DIRECTOR OF ACCOUNTING REVIEWS THE 990 WITH THE CERTIFIED PUBLIC ACCOUNTANT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION DOES NOT MAKE THESE DOCUMENTS AVAILABLE TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 8A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt0CINCINNATI CYCLONES LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN0383682485
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd0OH
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt0ENTERTAINMENT
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt0100 BROADWAY
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm0CINCINNATI
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd0OH
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd045202
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0437511
IRS990/TotalAssetsEOYAmt0623646
IRS990/TotalAssetsGrp/BOYAmt0437511
IRS990/TotalAssetsGrp/EOYAmt0623646
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0312348
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt03151
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0439040
IRS990/TotalFunctionalExpensesGrp/TotalAmt0442191
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt023447
IRS990/TotalLiabilitiesEOYAmt07111
IRS990/TotalLiabilitiesGrp/BOYAmt023447
IRS990/TotalLiabilitiesGrp/EOYAmt07111
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0414064
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0616535
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0439040
IRS990/TotalProgramServiceRevenueAmt099230
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0233146
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt099230
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0644724
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt03
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0437511
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0623646
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/USAddress/AddressLine1Txt0100 BROADWAY
IRS990/USAddress/CityNm0CINCINNATI
IRS990/USAddress/StateAbbreviationCd0OH
IRS990/USAddress/ZIPCd045202
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0KRISTIN ROPP
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum05134213222
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-04-24
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CINCINNATI CYCLONES FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0CINC
ReturnHeader/Filer/EIN0814716430
ReturnHeader/Filer/PhoneNum05134213222
ReturnHeader/Filer/USAddress/AddressLine1Txt0100 BROADWAY
ReturnHeader/Filer/USAddress/CityNm0CINCINNATI
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OH
ReturnHeader/Filer/USAddress/ZIPCd045202
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0310800053
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CLARK SCHAEFER HACKETT & CO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01 EAST 4TH STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CINCINNATI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd045202
ReturnHeader/PreparerPersonGrp/PhoneNum05132413111

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